New working paper: The Aggregate Economic Value of Great Lakes Recreational Fishing Trips
The Aggregate Economic Value of Great Lakes Recreational Fishing Trips John C. Whitehead, Louis Cornicelli, Lisa Bragg and Rob Southwick Abstract: We use the contingent valuation method in a survey of Great Lakes anglers to estimate the willingness to pay for a
No Such Thing as a Neutral Fed
The Federal Reserve claims to be independent and politically neutral. But since its actions have political ramifications, it is impossible for the Fed to be either.
The Swiss National Bank vs. the Federal Reserve: The Fed’s Capital Losses in Perspective
Do you like your central bank capital positive or negative? The Fed is bankrupt, but even after taking recent losses, the Swiss National Bank still has positive capital.
The Incoherence of the White House’s Anti- “Junk Fees” Agenda
Ryan Bourne and Sophia Bagley
Clarifying Scarcity: The Garden of Eden
Did scarcity begin with Adam and Eve in the Garden of Eden? Or were human beings and their surroundings already bound by time and space before they ate the forbidden fruit?
